RELATIONSHIP BETWEEN PRINCIPALS’ FINANCIAL MANAGEMENT STRATEGIES AND TEACHERS’ TASK PERFORMANCE IN SECONDARY SCHOOLS IN ONITSHA EDUCATION ZONE


RELATIONSHIP BETWEEN PRINCIPALS’ FINANCIAL MANAGEMENT STRATEGIES AND TEACHERS’ TASK PERFORMANCE IN SECONDARY SCHOOLS IN ONITSHA EDUCATION ZONE  

ABSTRACT

This study investigated the relationship between

principals

’ financial management strategies and teachers’ task performance in secondary schools in Onitsha Education Zone. Guided by three research questions and three null hypotheses. Two questionnaires-How principals provide a fund questionnaire (HPPFQ) and the principals’ rate on the level of teachers’ task performance questionnaire (PRLTPQ) was used to collect the data. A proportionate stratified random sampling technique was employed to select a sample of 495 respondents. Pearson product-moment correlation was used to answer the research questions, while a t-test was used to test the hypotheses at the 0.05 level of significance. The major finding revealed that the relationship between principals’ financial management strategies and teachers’ teaching performance, the discipline of students and involvement in co-curricular activities in secondary schools in Onitsha Education Zone could be described high and positive. The conclusion was that there was a significant relationship between principals’ financial management strategies and teachers’ task performance in Onitsha Education Zone. Recommendations included the organization of regular seminars and workshops for both principals and teachers in order to improve financial management strategies of principals’ and boast teachers’ task performance.   

CHAPTER ONE

 INTRODUCTION 

BACKGROUND OF THE STUDY

The present economic crisis which has affected the Nigerian nation has been biting so hard that the various social services such as education which the government used to provide has been adversely affected. Public attention has been drawn by the school administrators to the inadequate funding in public schools in this country. Both government and the general public have always responded in different ways to the financial crisis in Nigeria by granting aid or giving more financial support to schools. It introduced education task fund (ETF) to help to provide financial needs both for the student and teachers.  

Ezeocah (1985) states that for any venture to function, it must be financially viable. Finance is needed for any business organization to succeed. Prudent management of the financial resources of an organization is vital to the achievement of organization goals. Judicious management of educational finance is necessary just like any business that needs finance.

Financial management is the raising and administering of funds. It deals with how to plan, programme, budget for,  secure and maintain both material and financial resources in order to attain the institutions objective. It is an obvious fact that no institution can survive or carry out its functions effectively and efficiently  without utilizing  properly its financial resources. According to Pandy (1979), financial management is considered a vital and integral part of the overall management. In this broad view, the central issue of financial policy is the “wise utilization of funds”.

Adequate financial management strategies bring about job satisfaction which according  to Ndu, Ocho and Okeke (1997) has to do with a high level  of emotional stability of an individual in his job such that his morale is also high  and consequently he aspires to do more for the organization goals. This implies that the more teachers are rewarded, the more likely they are to work hard. The greater the extent in which an employee’s needs are satisfied in his job, the greater the extent to which he will response, presumably with gratitude or loyalty and effective productivity on that job.

 Every nation would want to give her citizens the best of education she can afford within the limits of her resources, since education is regarded as a prime instrument for social, economic, technological and moral dynamism. Consequently, the federal government of Nigeria has adopted education as an instrument per excellent for effecting national development. Infant education is so expensive now that the government finds it difficult to finance it alone. The government now encourages the local communities, individuals, companies and others to assist in financing education. Parents deny themselves a lot of things to keep their children in the school. With the help of government and these groups of people, substantial amount of money is raised for the school use. The amount provided is often not enough.

 Despite these efforts, one of the most serious problems facing the educational institutions today remains that of ineffective funds management strategies. Teachers find it extremely difficult to achieve educational goals, to provide services for which schools are set up these days. The problem could be brought about by inadequacy of funds. It is obvious that if the funds were adequate, enough instructional materials will be provided that will induce teachers to positive actions. At the same time, if the funds are grossly mismanaged, teachers will not fulfill their obligations to the schools. Principals therefore are required to use what resources, particularly subvention they have to motivate teachers so as to get what is wanted in this era of self-reliance. To ensure maximum task performance of teachers, principals’ must motivate teachers by providing them with instructional and their material needs 

Task performance in this study implies work or job

performance. It is also the responsibilities or obligations teacher have to fulfill. Whawo (1995) enumerates task performance of teachers to include admission of students, classification, registration, student’s welfare services, teaching, and evaluation of class work, reports to parents and guardians, co-curricular activities and issues of students discipline. Ogunna (1992) writes that the material needs  of the workers can be satisfied through adequate and regular payment of salaries and fringe benefits. Workers should be adequately remunerated for their efforts in order  to secure their  commitment and dedication to their task. 

Nigeria’s economy is so bad (continuous inflation and devaluation of naira) that government’s allocation to education is not equivalent to school requirements. Schools are expected to maintain existing services, pay staff salaries and allowances, purchase instructional materials and meet other recurrent expenditure in order to motivate teachers to carry out their task effectively and effectively. Whawo (1995) opines that teachers must be motivated with adequate compensation. The zeal  and enthusiasm in teachers should be sustained by providing them with enough benefits not minding their locations, gender and teaching experience. 

This study thereby aims at identifying the relationship that between secondary school principals’ financial (subvention) management strategies and teachers’ task performance.  

Statement of Problem

Principals’ as administrators of schools are expected to provide the required instructional materials that would influence the teachers to perform their task to a reasonable standard.

Teachers on the other hand are expected to be committed to their task performance to achieve the goals and objectives of the schools. Whawo (1995) stresses that the major task of educational

administrators is to utilize all available resources in an effort to achieve the objective for which schools are established. Unfortunately, principals mismanage the grants given to schools in the name of subvention to boost their financial resources. As a result teachers manifest signs of low job satisfaction, lack of sense of accomplishment, physical breakdown, unhappiness as well as various vices (Amoo and Adenle, 2003). Since instructional materials cannot be provided by principals, teachers exhibit laxity and truancy in their jobs. Many of them go to classes to teach at their own will, no longer care for the discipline of students, show less concern in extra curricular activities, etc.

 The consequences of effective financial management strategies by principals on teachers’ task performance remain under researched. Is effective financial management strategies related to teachers’ teaching performance? How does financial management relate to discipline of students by teachers and teachers involvement in extra curricular activities? These problems present the problem of this study 

Purpose of Study

The purpose of this study is to find out the relationship between principals’ financial management strategies and teachers’ task performance in secondary schools in Onitsha Education Zone. Specifically the study investigates:

1.   The relationship between principles’ financial management strategies and teachers’ teaching performance.

2.   The relationship between principals’ financial management strategies and teachers’ discipline of students. 

3.   The relationship between principals’ financial management strategies and teachers’ involvement in co-curricular

activities.

Significance of the Study

Maslow (1954) has implicated the role of motivation on the attainment of educational goals when Maslow postulated a theory of hierarch of human needs states that, it is only when a man gets all his needs that he can be satisfied. This theory can be applied in this study, teachers need to be motivated to perform optimally. This study will therefore be significant in the sense that it will find out the relationship between effective financial management and teachers task performance in secondary schools in Onitsha Education Zone. The study will be beneficial to teachers because it will reveal to them those things that will be provided for them to be motivated and bring out their best.

 Principals on their own will benefit  from the study in that it will throw light on factors that may pose problems in financial management and as a factors that impedes teachers task performance.

 Also, both government and public would see the need through the findings of the study for more financial grants to schools, monitor the usage to minimize mismanagement by principals. The study will help the government to know that delay in payment of teachers salaries contributes to their inefficiency.

 In addition, this study will help students to contribute money among themselves  to provide some instructional materials to the schools and draw the attention of their rich relations  to help provide some of the materials needed in the schools. This will motivate their teachers  to perform better. Finally, the findings will be of good help or contribution to research findings the relationship between financial management strategies and teachers’ task performance, on the other hand it will be of immense benefit to the researchers in the field.

Scope of the Study

This study covered all state government secondary schools in Onitsha Education Zone. The content was limited to the relationship between principals’ financial management strategies and teachers’ task performance. Financial management concentrates on government grants to education. Teachers’ task performance was investigated in terms of teaching performance, discipline of students and involvement in co-curricular activities.

Research Questions

          The following research questions were formulated to guide the study:

1.   Is there a relationship between principals’ financial management strategies and teachers’ teaching performance?

2.   What is the nature of the relationship between principals’ financial management strategies and teachers’ discipline of students?

3.   To what extent does a relationship exist between principals’ financial management strategies and teachers’ involvement in co-curricular activities?

Hypotheses 

The hypotheses were tested at 0.05 level of significance 

1.    The relationship between the mean ratings of principals and teachers on the principals’ financial management strategies and teachers’ teaching  performance is not significant.

2.    school location is not a significant factor in the relationship between the respondents’ mean ratings of the principals financial management strategies and teachers’  discipline of

students.

3.    There is no significant relationship between the mean ratings of male and female respondents on principals’ financial management strategies and teachers’ involvement in co-

curricular activities.

.

RELATIONSHIP BETWEEN PRINCIPALS’ FINANCIAL MANAGEMENT STRATEGIES AND TEACHERS’ TASK PERFORMANCE IN SECONDARY SCHOOLS IN ONITSHA EDUCATION ZONE



TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.ORG

Researchwap.org is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.org guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.org is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.org" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.